🚨 $AAVE Liquidation Alert! 🚨

💥 A $9.92K long liquidation just struck at $330.699, creating a massive shift in market sentiment! The price dropped rapidly as long traders were forced out, but now the stage is set for a potential reversal. Will the bulls take over, or will this lead to further declines? Let’s dive into the details and get ready to make our move!

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🔎 What’s Happening?

Long liquidations happen when traders betting on rising prices are forced to sell, triggering downward price movement. However, these liquidations can often spark a recovery if the market finds solid support, which could lead to a bounce in $AAVE.

📉 Key Market Levels:

Resistance: $340.00 - $345.00 (Immediate resistance zone)

Support: $320.00 - $325.00 (Key buying area)

$AAVE is currently testing key support. If it holds above $320, we might see the price recover toward resistance levels.

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🔥 Trading Plan (Next Move):

Buy Zone (Entry Point):

Look to enter around $320.00 - $325.00 if the price shows signs of stability and holds the support zone.

Target Levels:

First Target: $340.00 (Test of immediate resistance)

Second Target: $345.00 (Next key resistance level)

Stop Loss:

Place your Stop Loss below $320.00 to protect your position if the price breaks lower.

1. Watch for Volume: Pay attention to the volume when $AAVE approaches the support area. If volume increases, the bounce could be stronger.

2. Breakout Play: A break above $340.00 with high volume could trigger a sharp rally toward $345.00 or higher.

3. Risk Management: Use your Stop Loss to limit potential losses if the market moves against you.

🔥 Market Insight: The $9.92K long liquidation in could be the catalyst for a rally if the support at $320 holds. Watch for a breakout above $340 to confirm further upside potential.

Trade carefully, stay alert, and keep an eye on these levels! Let me know if you'd like live updates on $AAVE! 💹

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